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Microeconomic Approach to P2P Resource Allocation Public

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Microeconomic Approach to P2P Resource AllocationResearch advances in the distributed computing has led to Grid computing, which unlike many other areas of distributed computing focuses on large-scale resource sharing and discovery for better performance. Traditionally, Grid computing has been performed in a client/server format. However, recent advances in the area of peer-to-peer computing have brought a paradigm shift in the field of distributed systems and have forced researchers in the area of Grid computing to discuss peer-to-peer grids. We will review the work done in the area of peer-to-peer Grids and will provide the first step in defining a framework that provides incentive to the participating resources in a peer-to-peer grid environment. The framework provides the basis for defining a utility function that is used by participating nodes to efficiently allocate the resources that are available in a system.

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